---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012017"
form_type: "8-K"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:59:01.178388+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CZNC Q2 EPS falls 19% YoY to $0.39; declares $0.28 dividend

## Summary
- Q2 net income $6.0M ($0.39 diluted EPS) vs $7.5M ($0.48) in Q2 2022.
- Dividend of $0.28 per share declared, payable Aug 11, 2023 to holders of record July 31.
- Total loans grew $69.4M (15.9% annualized) from Q1; commercial loans up 8.5% YoY.
- Nonperforming loans improved to 0.77% of total loans from 0.81% in Q1 and 1.46% year-end.
- Uninsured deposits 29.9% of total; available liquidity 254% of uninsured & uncollateralized deposits.

## SEC filing metadata
- accession: 0001558370-23-012017
- form_type: 8-K
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/0001558370-23-012017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/cznc-20230720x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012017
- JSON: https://secwatch.observer/filing/0001558370-23-012017.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012017.txt

## Key facts
- Earnings Releases
  CITIZENS & NORTHERN CORP reported six months ended June 30, 2023 results: net income $12,296,000, or $0.80 diluted earnings per share, EPS $0.80 diluted earnings per share.
  - Period: six months ended June 30, 2023
  - Net income: $12,296,000, or $0.80 diluted earnings per share
  - EPS: $0.80 diluted earnings per share
  - Result: reported results
  source text: Net income for the six months ended June 30, 2023 of $12,296,000, or $0.80 diluted earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/0001558370-23-012017-index.htm
- Earnings Releases
  CITIZENS & NORTHERN CORP reported three-month and six-month periods ended June 30, 2023 results: net income $6,043,000, or $0.39 diluted earnings per share, EPS $0.39 diluted earnings per share.
  - Period: three-month and six-month periods ended June 30, 2023
  - Net income: $6,043,000, or $0.39 diluted earnings per share
  - EPS: $0.39 diluted earnings per share
  - Result: reported results
  source text: Second quarter 2023 net income of $6,043,000, or $0.39 diluted earnings per share. Net income for the six months ended June 30, 2023 of $12,296,000, or $0.80 diluted earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/0001558370-23-012017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.